European ETF industry faces highest annual closure numbers since inception

Refinitv details 'ETF Deathlist'

James Baxter-Derrington
clock • 3 min read

The European ETF industry is on course to record the highest annual number of fund closures since the inception of the market in 2000, according to research from Refinitiv.

Despite continuing to grow its assets under management (AUM) over the course of 2020, Refinitiv's newly published 'ETF Deathlist' has predicted record closures for the ETF market, although head of EMEA research Detlef Glow does not believe this represents the beginning of a "wider consolidation" for the industry. The birthday of European ETFs: From zero to a trillion dollar industry in 20 years Glow explained that "the high number of ETF closures in Europe goes in line with high launching activity" rather than consolidation and added that "a lack of profitability" may have caused the ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week